Business_1911_007 Robert Miller to David Eccles

ROBERT MILLER, PRES'T. & TREAS. W. E. TARBELL, VICE PRESIDENT NEPHI PALMER, SECRETARY
The Miller Floral Company
Robert Miller, Manager
....WHOLESALE FLORISTS....
Farmington, Utah May .16..............................1912
David Eccles Esq.
Ogden, Utah. My Dear Sir: -
I am looking for some one who wilL stake me for $5000.00 to buy KILLER FLORAL COMPANY stock, and would like to have you stake me for that amount.
The MILLER FLORAL COMPANY has just declared a dividend of 10% on 10 months business, and issued about 800 shares more of stock to help pay for improvements we are now making; Our fiscal year ends June, 1st.
We are building four more new greenhouses, which will cost about $22,000.00
My pro-ration of this new Issue of stock is about 300 shares, par value of which; $10.00 per share, and we are selling it at par, and I want to take my full proportion of this issue, and take all that I can get over and above that.
This will probably be our last issue of stock, and I must buy all the stock now that I can get hold of , as this will probably be my last opportunity to buy at par.
I enclose a statement up to April 1st, which will show you how we are getting along, and the progress we have made in two years from practically nothing , and we have in two years, paid two dividends; one of 10% and the other of 8%, and have wiped out a promotion and bonus stock account of $12,000.00 in two years, which is a pretty good record for two years work.
ROBERT MILLER, PRES'T. & TREAS. W. E. TARBELL, VICE PRESIDENT NEPHI PALMER, SECRETARY
The Miller Floral Company
Robert Miller, Manager
....WHOLESALE FLORISTS....
Farmington, Utah ...........191
(2)
If you will be good enough to consider the proposition of st¬aking me for $5000.00 I will gladly go and talk with you about it at any time you may appoint, or would be glad to have you come down to Farmington and see the plant, and see what we are doing.
I beleive that if you would come down here and see the plant that you wouId stake me for that amount.
I will give you as security for a loan of $5000.00,750 shares of KILLER FLORAL COMPANY stock and would wish to make the loan for five years at any reasonable rate of interest.
The whole MILLER FLORAL COMPANY would be practically behind this loan as I have sufficient stock to control the Company.
Please reply as soon as convenient for you. Very Respectfully Yours Robert Miller
ROBERT MILLER, PRES'T. & TREAS. W.E. TARBELL, VICE-PRESIDENT NEPHI PALMER, SECRETARY
THE MILLER FLORAL COMPANY WHOLESALE FLORISTS ROBERT MILLER, MANAGER
Farmington, Utah......................191
THE MILLER FLORAL COMPANY, AS OF APRIL lst l912, AND SHOWING RECEIPTS AND DISBURSEMENTS FROM. JUNE 1st 1911, TO APRIL 1st 1912
---------------000-----------------------------
RECEIPTS
Cash on Hand June 1st 1911 $ 973.29
Received From Sale of Capital Stock 8944.00
Received From Sale of Plants &. Products 13165.82
Received From Loans 1500.00
Received Prom Sale of Sundry Items 67.40
Total $24650.51
DISBURSEMENTS
Paid For Buildings $ 8631.07
Paid For Equipment 1606.19
Paid For Plants ft. Products 707.94
Paid For Loans 1500.00
Paid For Office Furniture ft. Fixtures 60. 00
Paid For Operating Expenses 8795.84
Cash on Hand ft. in Banks April 1st 3288.88
Total $24650.51
RESCOURCES
Cash on hand $ 3288.88
Accounts Receivable 2208.19
Bills Receivable 500.00
Real Estate ft. Water Stock 8400.00
Plants ft. Products 10790.00
Buildings 18032.29
Equipement 4724. 56
Office Furniture ft. Fixtures 262.45
Total $48176.39
LIABILITIES
Capital Stock $42530.00
Accounts Payable 498.72
Undivided Profits 5147.67
Total $48176.39
ROBERT MILLER, PRES'T. & TREAS. W.E. TARBELL, VICE-PRESIDENT NEPHI PALMER, SECRETARY
THE MILLER FLORAL COMPANY WHOLESALE FLORISTS ROBERT MILLER, MANAGER
Farmington, Utah......................191
COMPARATIVE STATEMENT OF SALES AND OPERATING EXPENSES, of the MILLER FLORAL COMPANY FROM JUNE lst 1911 TO APRIL lst 1912
-------------------------oOo----------- -----------
Month. Sales Expenses Loss Gain
June $ 700.90 $ 539.71 $ $ 221.19 July 421.80 929.48 507,GO
August 542.60 321.94 220.60
September 875.25 688.93 186.32
October 1608.05 826.97 781.06
November 1614.23 1073.39 540.84
December 2782.30 1031.55 1750.75
January 1563.66 1674.07 110.39
Febuary 1686.18 909.83 776.35
March $ 1926.05 799.97 _ 1126.08
^13781.04 | 8705.84 $618.07 $5608.27
$ 8795.84 1 618 .07
$ 4985.20 $4985.20

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Full-Text

ROBERT MILLER, PRES'T. & TREAS. W. E. TARBELL, VICE PRESIDENT NEPHI PALMER, SECRETARY
The Miller Floral Company
Robert Miller, Manager
....WHOLESALE FLORISTS....
Farmington, Utah May .16..............................1912
David Eccles Esq.
Ogden, Utah. My Dear Sir: -
I am looking for some one who wilL stake me for $5000.00 to buy KILLER FLORAL COMPANY stock, and would like to have you stake me for that amount.
The MILLER FLORAL COMPANY has just declared a dividend of 10% on 10 months business, and issued about 800 shares more of stock to help pay for improvements we are now making; Our fiscal year ends June, 1st.
We are building four more new greenhouses, which will cost about $22,000.00
My pro-ration of this new Issue of stock is about 300 shares, par value of which; $10.00 per share, and we are selling it at par, and I want to take my full proportion of this issue, and take all that I can get over and above that.
This will probably be our last issue of stock, and I must buy all the stock now that I can get hold of , as this will probably be my last opportunity to buy at par.
I enclose a statement up to April 1st, which will show you how we are getting along, and the progress we have made in two years from practically nothing , and we have in two years, paid two dividends; one of 10% and the other of 8%, and have wiped out a promotion and bonus stock account of $12,000.00 in two years, which is a pretty good record for two years work.
ROBERT MILLER, PRES'T. & TREAS. W. E. TARBELL, VICE PRESIDENT NEPHI PALMER, SECRETARY
The Miller Floral Company
Robert Miller, Manager
....WHOLESALE FLORISTS....
Farmington, Utah ...........191
(2)
If you will be good enough to consider the proposition of st¬aking me for $5000.00 I will gladly go and talk with you about it at any time you may appoint, or would be glad to have you come down to Farmington and see the plant, and see what we are doing.
I beleive that if you would come down here and see the plant that you wouId stake me for that amount.
I will give you as security for a loan of $5000.00,750 shares of KILLER FLORAL COMPANY stock and would wish to make the loan for five years at any reasonable rate of interest.
The whole MILLER FLORAL COMPANY would be practically behind this loan as I have sufficient stock to control the Company.
Please reply as soon as convenient for you. Very Respectfully Yours Robert Miller
ROBERT MILLER, PRES'T. & TREAS. W.E. TARBELL, VICE-PRESIDENT NEPHI PALMER, SECRETARY
THE MILLER FLORAL COMPANY WHOLESALE FLORISTS ROBERT MILLER, MANAGER
Farmington, Utah......................191
THE MILLER FLORAL COMPANY, AS OF APRIL lst l912, AND SHOWING RECEIPTS AND DISBURSEMENTS FROM. JUNE 1st 1911, TO APRIL 1st 1912
---------------000-----------------------------
RECEIPTS
Cash on Hand June 1st 1911 $ 973.29
Received From Sale of Capital Stock 8944.00
Received From Sale of Plants &. Products 13165.82
Received From Loans 1500.00
Received Prom Sale of Sundry Items 67.40
Total $24650.51
DISBURSEMENTS
Paid For Buildings $ 8631.07
Paid For Equipment 1606.19
Paid For Plants ft. Products 707.94
Paid For Loans 1500.00
Paid For Office Furniture ft. Fixtures 60. 00
Paid For Operating Expenses 8795.84
Cash on Hand ft. in Banks April 1st 3288.88
Total $24650.51
RESCOURCES
Cash on hand $ 3288.88
Accounts Receivable 2208.19
Bills Receivable 500.00
Real Estate ft. Water Stock 8400.00
Plants ft. Products 10790.00
Buildings 18032.29
Equipement 4724. 56
Office Furniture ft. Fixtures 262.45
Total $48176.39
LIABILITIES
Capital Stock $42530.00
Accounts Payable 498.72
Undivided Profits 5147.67
Total $48176.39
ROBERT MILLER, PRES'T. & TREAS. W.E. TARBELL, VICE-PRESIDENT NEPHI PALMER, SECRETARY
THE MILLER FLORAL COMPANY WHOLESALE FLORISTS ROBERT MILLER, MANAGER
Farmington, Utah......................191
COMPARATIVE STATEMENT OF SALES AND OPERATING EXPENSES, of the MILLER FLORAL COMPANY FROM JUNE lst 1911 TO APRIL lst 1912
-------------------------oOo----------- -----------
Month. Sales Expenses Loss Gain
June $ 700.90 $ 539.71 $ $ 221.19 July 421.80 929.48 507,GO
August 542.60 321.94 220.60
September 875.25 688.93 186.32
October 1608.05 826.97 781.06
November 1614.23 1073.39 540.84
December 2782.30 1031.55 1750.75
January 1563.66 1674.07 110.39
Febuary 1686.18 909.83 776.35
March $ 1926.05 799.97 _ 1126.08
^13781.04 | 8705.84 $618.07 $5608.27
$ 8795.84 1 618 .07
$ 4985.20 $4985.20